INNOVATE Real Estate
Commercial at 922 Lynnfield St, Lynnfield MA 01940
Commercial at 922 Lynnfield St, Lynnfield MA 01940, photo 2 of 5
Commercial at 922 Lynnfield St, Lynnfield MA 01940, photo 3 of 5
Commercial at 922 Lynnfield St, Lynnfield MA 01940, photo 4 of 5
Commercial at 922 Lynnfield St, Lynnfield MA 01940, photo 5 of 5
5 photos

$1,999,900

922 Lynnfield St, Lynnfield MA 01940
Lynnfield, MA 01940
Listed by John Bulman
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Prime redevelopment opportunity at the former “Good Luck Farms” New England Barbecue Chicken Restaurant site. Approved for a 5,202 S.F. - 2 unit retail building.(Shovel ready) This highly visible vacant lot is strategically located in a high-traffic corridor with immediate access to Route 1 and I-95/Route 128, offering exceptional exposure and convenience for a variety of commercial uses. The property is situated within a Limited Business (LB) zoning district, permitting by-right uses including general retail, restaurants, small office space, and banks. Additional commercial uses may be allowed through a Special Permit from the Zoning Board of Appeals (ZBA), providing flexibility for future development. Public water, public sewer, and natural gas utilities are available at the street, helping streamline the development process. Ideal for investors, developers, owner-users, or national/regional operators seeking a strong North Shore location with outstanding accessibility and visibility

Property details

MLS
MLS Property Information Network
MLS #
73531057
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
138
On market date
June 5, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.63 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Capt William G Shoemaker
0.63 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
311
Student:teacher ratio
9.1:1
District
Lynn
Middle
Pickering Middle
2.4 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
549
Student:teacher ratio
11.7:1
District
Lynn
High
Peabody Veterans Memorial High
2.47 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,455
Student:teacher ratio
12.1:1
District
Peabody

Walkability

Blended score for Lynnfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

64
Walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores5
Parks5
Schools8
Transit stops0
Pharmacies3

Market position

How this listing compares to current activity in Lynnfield, from live MLS data.

On the market 138 days -- 41 more days than Lynnfield's current average of 97 days.
For reference, the median list price across 74 active listings in Lynnfield right now is $1,110,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$12,194/mo
$399,980 down
$1,599,920 loan
Principal & interest$10,377
Property tax (est.)$1,667
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 9, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.